Nifty trade plan for 08-08-2023

Reversal pattern on nifty does not have strength, which clearly an indication that buyers are being trapped.

We can see reversal again in Nifty from one of the resistance levels 19795,19865 if not from these then most likely 19991

Decisively, nifty will be strong only above 19991 and sustaining above it

Trade with cautious